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LTSAP.PFD (Osaic Financial Services) Property, Plant and Equipment : $64.32 Mil (As of Dec. 2019)


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What is Osaic Financial Services Property, Plant and Equipment?

Osaic Financial Services's quarterly net PPE declined from Jun. 2019 ($64.86 Mil) to Sep. 2019 ($63.88 Mil) but then increased from Sep. 2019 ($63.88 Mil) to Dec. 2019 ($64.32 Mil).

Osaic Financial Services's annual net PPE increased from Dec. 2017 ($23.62 Mil) to Dec. 2018 ($29.99 Mil) and increased from Dec. 2018 ($29.99 Mil) to Dec. 2019 ($64.32 Mil).


Osaic Financial Services Property, Plant and Equipment Historical Data

The historical data trend for Osaic Financial Services's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Osaic Financial Services Property, Plant and Equipment Chart

Osaic Financial Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.75 21.25 23.62 29.99 64.32

Osaic Financial Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.99 65.53 64.86 63.88 64.32

Osaic Financial Services Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Osaic Financial Services  (OTCPK:LTSAP.PFD) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Osaic Financial Services Property, Plant and Equipment Related Terms

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Osaic Financial Services Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137
Osaic Financial Services Inc formerly Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.
Executives
Michael Liebowitz director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Glenn C Davis director 4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello officer: Senior Vice President 520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Dmitry Kolosov director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Adam Scott Malamed officer: Chief Operating Officer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Jacqueline M Simkin director 801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Frost Nevada Investments Trust 10 percent owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Brett Kaufman officer: Vice President and CFO 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Richard M Krasno director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Saul Gilinski director C.I. FARMACAPSULAS S.A., 1893 S.W. THIRD STREET, POMPANO BEACH FL 33069
Diane Chillemi officer: Chief Financial Officer GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Richard J Rosenstock director C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Bruce S Mendelsohn officer: Managing Director & Senior EVP LADENBURG THALMANN FINANCIAL SERVICES, 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022

Osaic Financial Services Headlines

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